Thread: kuruvi kootam
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Old 08-03-2012, 08:32 PM   #18
tgs

Join Date
Mar 2007
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48
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I noted when I was in India that most parents in India are reluctant to sell property or land to educate their children if at all the need for a private college education arises.

Out here in Malaysia most middle class families still are able to educate their children in Private Medical colleges abroad cos parents are willing to sell house and land.

Most of us Malaysians always have more than one house(I am not talking about Chinna Veedu!!LOL).

The main house will be the family house and the 2nd house will be bought for investment purposes and to be sold off when the time to educate a child arises.

Property value goes up over the years so the returns are good.
So parents can educate their kids with the money.

Some students who were in my class in India were not from rich homes in Malaysia.
Some were even from poor homes where parents sold ancestral land to educate the kids.
tgs is offline


 

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